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STATEMENT FOB THE PRESS Board of G-overnors of the F e d e r a l Reserve System February 15, 1937 !*or Immediate r e l e a s e Condition of Weekly Reporting Member Banks i n 101 Leading C i t i e s The c o n d i t i o n s t a t e m e n t of weekly r e p o r t i n g member banks i n 101 l e a d i n g c i t i e s on February 10 shows a d e c r e a s e of $24,000,000 i n t o t a l loans and investments, i n c r e a s e s of $59,000,000 i n demand d e p o s i t s - a d j u s t e d and $18,000,000 i n time d e p o s i t s , decr eas es of $42,000,000 i n Government d e p o s i t s , $35i000,000 i n d e p o s i t s c r e d i t e d to domestic banks and $10,000,000 i n d e p o s i t s c r e d i t e d to f o r e i g n banks, and an i n crease of $21,000,000 i n r e s e r v e b a l a n c e s with F e d e r a l Reserve b a n k s . Loans to b r o k e r s and d e a l e r s i n Mow York C i t y i n c r e a s e d $10,000,000, loans to brokers and d e a l e r s o u t s i d e Hew York d e c l i n e d $9,000,000, and l o a n s on s e c u r i t i e s to o t h e r s (e x ce p t banks) d e c l i n e d $9,000,000 in the ITew York d i s t r i c t . a n d #12,000,000 a t a l l r e p o r t i n g member banks. Holdings of a c c e p t a n c e s and commercial paper bought i n c r e a s e d $7,000,000, r e a l e s t a t e l o a n s d e c l i n e d $2,000,000, and loans to banks i n c r e a s e d $14,000,000 i n the Hew York d i s t r i c t and $12,000,000 a t a l l r e p o r t i n g member b a n k s . "Oth:r l o a n s " i n c r e a s e d $9,000,000 in t h e San F r a n c i s c o d i s t r i c t , $5,000,000 in tne Boston d i s t r i c t and $17,000,000 a t a l l r e p o r t i n g member banks. Holdings of United S t a t e s Government d i r e c t o b l i g a t i o n s d e c l i n e d $20,000,000 in the Hew York d i s t r i c t , $10,000,000 i n t h e Cleveland d i s t r i c t , $7,000,000 each i n uae Chicago and D a l l a s d i s t r i c t s , and $28,000,000 a t a l l r e p o r t i n g member banks, ..loldings^ of o b l i g a t i o n s f u l l y guaranteed by t h e United S t a t e s Government showed l i t t l e not. change f o r tne week. Holdings of "Other s e c u r i t i e s " decreased 9 l 6 , 0 0 0 , 0 0 0 i n the Hew York d i s t r i c t and $21,000,000 a t a l l r e p o r t i n g member b a n k s . Demand deposits—adjusted i n c r e a s e d $31,000,000 i n the Hew York d i s t r i c t , $16,000,000 i n the San F r a n c i s c o d i s t r i c t , $14,000,000 i n the S t . Louis d i s t r i c t and $59,000,000 a t a l l r e p o r t i n g member banks, and d e c l i n e d $20,000,000 in the Cleveland d i s t r i c t . Government d e p o s i t s d e c l i n e d i n a l l d i s t r i c t s , the aggregate d e c l i n e being $42,000,000 a t a l l r e p o r t i n g member banks . D e p o s i t s c r e d i t e d to domestic banks d e c l i n e d $35,000,000, and d e p o s i t s c r e d i t e d to f o r e i g n banks d e c l i n e d $10,000,000, A summary of the p r i n c i p a l a s s e t s and l i a b i l i t i e s of the r e p o r t i n g member oanks, t o g e t h e r with changes f o r the week and the year ended February 10, 1937, follows: ( I n m i l l i o n s of d o l l a r s ) I n c r e a s e or decrease since Feb. 10, Feb. 3, Feb. 12, ASSETS Loans and i n v e s t m e n t s - t o t a l Loans to b r o k e r s and d e a l e r s : In Hew York City Outside Hew York City Loans on s e c u r i t i e s to o t h e r s ( e x c e p t banks) Acceptances & commercial p a p e r bought Loans on r e a l e s t a t e Loans to banks Other l o a n s 1937 193? 1936 22,555 -24 +1,473 974 231 +10 -9 +66 +56 2,022 -12 -32 399 1,149 72 ,4,117 +7 445 -2 +12 +11 '+2 +£>21 +17 U. S. Gov't d i r e c t o b l i g a t i o n s O b l i g a t i o n s f u l l y g u a r a n t e e d by U.S.Gov't Other s e c u r i t i e s 1,216 +4o4 3,254 -25 +2 -21 Reserve with F . R. banks Cash i n v a u l t B a l a n c e s with domestic banks 5,351 397 2,231 +22 +21 +6l0 +4o 775 9,121 -IS +19 '+81 LIABILITIES Demand d e p o s i t s - a d j u s t e d Time d e p o s i t s U, S. Government d e p o s i t s Inter-bank deposits; Domestic banks F o r e i g n banks Borrowings 15,552 5,095 434 .142 5,953 - 35 407 +59 +18 -10 +1,491 +206 ' -113 +338 . +5 -2 statement f o r t h e p r e s s Board of Governors of the Federal Reserve System February 11, 1937 For immediate r e l e a s e ASSETS A1ID LIABILITIES OF WEEKLY REP0RTI1TG MEMBER BALES HI CE1TTRAL RESERVE CITIES ( I n m i l l i o n s of d o l l a r s ) Hew York City Chicago 1 93 7 1936 r 1 9 3 7 1936 Fob. 10 F e b . 3 Feb. 12 Feb. lOjFeb. 3 Feb. 12 ASSETS Loans and investments - t o t a l 8,488 8,513 8,072 2,099 2,112 1,988 Loans to brokers and d e a l e r s : In Hew York City Outside New York City Loans on s e c u r i t i e s to o t h e r s (except banks) 933 74 924 74 882 bl 1 4i l 47 28 732 74I 731 I4P 142 147 Acceptances & commercial paper bought Loans on r e a l e s t a t e Loans to banks Other loans 136 129 44 is46l 136 129 30 1,463 163 127 33 1,101 370 IJ. S. Gov't o b l i g a t i o n s Obligations f u l l y guaranteed by ' U. S. Gov't Other s e c u r i t i e s 3,444 3,464 3,430 1,142 1,150 1,176 454 1,081 455 1,097 434 1,110 95 272 95 272 90 251 Reserve with ? . R. bank Cash i n v a u l t Balances with domestic banks Other a s s e t s - n e t 2,697 57 77 492 2,65s 50 81 494 2,418 52 80 472 547 33 174 67 543 33 172 65 495 163 80 6,453 628" 136 6,419 619 l46 5,957 532 144 1,564 454 36 1,561 454 41 1,438 4i4 85 2,381 371 2,393 384 2,320 373 605 5 615 4 564 4 367 1,475 362 1,473 305 1,463 25 231 19 231 33 225 11 5 14 11 5 260 LIABILITIES Demand deposits — adjusted Time deposits U, S. Gov't d e p o s i t s Inter-bank deposits: Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s C a p i t a l account ASSETS A21D LIABILITIES OF WEEKLY REPORTING- MEMBER BAKES IN 101 LEAD DIG- CITIES ON FEBRUARY 10, 1937 ! Total ! All [districts Loans and investments - t o t a l Loans to brokers and d e a l e r s : In Hew York City Outside Hew York City Loans on s e c u r i t i e s to o t h e r s (except "banks Acceptances and commercial paper bo-ught 2z>ans on r e a l e s t a t e Loans to "banks Other loans U. S.Gov't o b l i g a t i o n s O b l i g a t i o n s f u l l y guaranteed by U.S.Gov 5 1 Other s e c u r i t i e s Reserves with F . R. bank Cash i n v a u l t Balances with domestic banks Other a s s e t s - n e t B-804b ( i n m i l l i o n s of d o l l a r s ) District Reserve 3' e d e r a l San St 0 lilinne- Kansas j ITevr j P h i l a - I CI eve- RichDallas Atlanta j CM cago Francisco Bo ston | Yorl:: j delphia | land mond City Louis ] a p o l i e 22,555 1,218 9,385 1,193 974 231 13 25 945 7b 9 19 2,022 399 1,149 12 ,4,117. 9,121 1,216 3,254 l44 68 85 4 314 394 22 149 Sbl 155 240 45 1,617 3,670 496 1,272 5,351 397 2,2.31 1,360 290 li4 125 92 15,552 5,095 434 5,953 407 1,909 659 582 —— — 3,129 16 4 9 3 47 137 33 63 2 191 349 88 302 215 10 179 3 232 925 55 274 70 10 2b 119 295 59 76 51 6 26 1 170 201 36 82 2,794 74 ISO 571 248 18 136 89 306 37 220 107 135 19 143 4i 90 11 149 39 1,042 279 6 7,016 1,02s 153 818 261 42 1,087 717 45 431 19 s 17 23s 7 2,447 373 310 4 372 1 232 —— 689 409 — —'— 5 2 199 39 74 s 528 1,661 i64 4o6 71 12 43 5 143 240 59 111 30 13 6 746 66 7O4 1 4 439 — 3 2,189 3 21 111 189 12 46 46 24 IS 1 l4s 274 49 139 139 193 39 56 155 27 3b6 3 405 722 146 341 99 i4o 11 149 24 62 5 77 17 149 13 243 24 107 10 185 28 284 19 234 229 334 177 24 2,307 853 59 430 ISO 7 268 123 2 492 i46 12 387 121 94o 1,012 38 241 1 827 6 302 116 l 391 198 1 279 13 2 90 5 78 34s 325 350 43 2 23 LIABILITIES Demand d e p o s i t s - a d j u s t e d Time d e p o s i t s U. S, Gov't d e p o s i t s Inter-banlc d e p o s i t s : Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s C a p i t a l account — — 885 3,568 32 235 379 1,60s —- 22 227 —— 16 341 30 89 — — 7 87 30 348 —— —— 9 85 ——• 5 55 po. —
@FedFRASER